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A news digest of road transport reports from all sectors
Page 116
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• More than E.3 million has been invested by Camford Design in its new research and development centre in Bedford now opened.
The Camford Engineering Group is a major UK independent vehicle component manufacturing group, employing 3,000 people with an expected turnover this year of £150 million.
• Daf Bus and Bova have announced plans to merge from January 1990 forming a new company, United Bus. Daf will be the majority shareholder of the new company with its bus activities being separated from other commercial vehicle production.
• The Government has allocated an extra £1.8 billion for spending on roads. This will allow work to start on the Ml, M6 and M25 next year. It will also speed the bridge strengthening programme in preparation for 40 tonnes.
• US truck builder Navistar (formerly International Harvester) is considering buying Seddon Atkinson for the second time. I H sold its stake in Seddon Atkinson to Pegaso in 1982. INI, the holding company that owns Seddon's parent company Enasa, has been approached by four other European manufacturers wanting to take over or form joint ventures with the Spanish truck builder.
• Clarke Commercials of Leeds, a former Steyr dealer, has bought most of the remaining Austrian righthand-drive vehicles. Clarke will offer the 84 vehicles at a discount price.
• Deregulation has contributed to a decline in the number of bus journeys being made by the public, says a report from the Association of Metropolitan Authorities. According to the report, the public in the metropolitan counties made 336 million fewer journeys by bus than in 85/86.
• Continental hauliers ate setting up companies in Luxembourg because of the low cost of vehicle tax. The cost of taxing a vehicle in Luxembourg is around £305 while next door in Denmark it is around £2,800.